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Sep 1 , 2024

Fed to Receive $15M Lifeline for Urgent Humanitarian Relief

The United Nations has allocated 15 million dollars to Ethiopia from its Central Emergency Response Fund (CERF) for urgent relief to millions facing hunger, displacement, disease outbreaks, and climat...

Aug 25 , 2024

Zemen Bank Expands Reach with Dutch Businesses Partnership

Zemen Bank expands its network with over 75 Dutch businesses operating in Ethiopia, signing an associate membership agreement with their lobby group last week. According to Asrat Tadesse, from Zeme...

Aug 25 , 2024

Wegagen Bank Unveils Global Prepaid Visa Card

Customers of Wegagen Bank are set to make cashless payments globally at ATMs and point-of-sale (POS) terminals, as the Bank introduces an international prepaid Visa card. Yared Endale, country mana...

Aug 25 , 2024

Italy, UNOPS Ink 1.5m Deal to Revamp Tigray Hospital

A 1.5 million euro project agreement to re-establish the healthcare services at Suhul Hospital in Tigray Regional State was signed last week. The project is expected to benefit over 18,000 people thro...

Takaful Gains Ground in Ethiopia's Insurance Market

A two-day international forum in Addis Abeba brought together experts from around the world to discuss the prospects and perils facing the growing interest-free banking industry in Africa. Discussi...

Aug 25 , 2024

Railway Corp Launches Construction Unit for Regional Road Project

The financial issues of Ethiopian Railway Corporation (ERC) are expected to be addressed as it establishes a new construction business unit. This initiative will focus on the maintenance of a 60Km roa...

Aug 20 , 2024

Customs Commission Backtracks on Pre-Float Import Tax Calculations

Ethiopian Customs Commission has announced revised import tax regulations allowing shipments documented before the currency liberalisation will be subject to import taxes calculated based on the exch...

Aug 20 , 2024

Securities Exchange Nears Launch with Advanced Trading Platform

Ethiopian Securities Exchange (ESX) is on track to launch its real-time trading platform in the coming months, marking a momentous milestone for the country's capital market. A climactic component...

Aug 18 , 2024

New Tool Tracks Africa's Youth Job Growth

A new tool to monitor and forecast youth job growth across Africa until 2030 was launched last week. The African Youth Employment Clock (AYEC) provides real-time data on job creation and employment tr...

Bloomberg-Backed Training Seeks Boosting Financial Journalism

A new financial journalism training program expected to boost the country's emerging capital markets kicked off last week. The initiative, a partnership between Bloomberg Media Initiative Africa (BMIA...

Aug 18 , 2024

Ministry Avails Three Integrated Parks to Local Investors

Ministry of Industry announced plans to transfer sheds within three integrated agro-industrial parks (IAIPs) across the country that have thus far consumed over 32 billion Br. Bure, Bulbula and Yirgal...

Aug 18 , 2024

Leading Private Bank Joins Force for Digital Equb

Ethiopia's leading private commercial bank, Awash Bank, has joined forces with FinTech startup eQub Financial Technologies to revolutionise the traditional Equb system through digital platforms. Th...

Aug 18 , 2024

Dashen Bank Launches Interest-Free Credit Platform

An interest-free credit service “IFB DubeAle” with up to 700,000 Br credit limit was availed last week. Powered by one of the largest private commercial banks, Dashen Bank, the platform which alig...

Aug 11 , 2024

Passport Fees Soar Amidst Economic Twists

Ethiopian citizens are facing higher costs for passport services following a recent fee hike implemented by the Immigration & Citizenship Services (ICS). The price of obtaining a new booklet or...

Aug 11 , 2024

Ministry Intensifies Crackdown on Price Gouging

Over 1,649 trucks laden with essential food items such as edible oil, sugar and rice have been imported, according to the Ministry of Trade & Regional Integration. Officials disclosed that while p...

Aug 11 , 2024

Dashen Bank Moves to Cushion Rising Travel Costs

A new card program offering financing options for travel expenses was availed last week. Dashen Bank has introduced two new card programs designed to cater to the needs of travellers and shoppers. The...


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A Cup of Juice, A Long Day, an Uncomfortable Realisation

My Opinion | Jun 20,2026

The Promise and Peril of AGI

Sunday with Eden | Jun 20,2026

Prevention Starts Years Before the First Diagnosis

Agenda | Jun 21,2026

For Consumers in Addis Abeba, Even Thrift Becomes Expensive

Editorial | Jun 20,2026

The Budget Bill Asks the Most from Citizens with the Least Slack


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The Budget Bill Asks the Most from Citizens with the Least Slack

When Parliament takes up the appropriation bill, federal legislators will receive a docume...

Editorial | Jun 20 , 2026

Addis Abeba Pours a New Story in Every Cup, Where Tradition Meets Global Influence

Customers settle into a carefully curated space of dark wood, black accents, muted green f...

Featured | May 31 , 2026 . By HELINA HADGU

For Consumers in Addis Abeba, Even Thrift Becomes Expensive

For Senayit Bekele, the day's rhythm begins at a vegetable stall. The lunchtime crowd spil...

Agenda | Jun 21 , 2026 . By BEZAWIT HULUAGER

AG MESERET MAKES AUDIT MISMATCH HARD TO DEFEND

Federal and regional authorities have spent months urging taxpayers to pay more into the t...

Fortune News | Jun 21 , 2026 . By NAHOM AYELE